The fairytale is about a young man who is very clever and cunning and outsmarts everybody. In the end he dies. His wife, a princess, holds his ankles while he hangs from the bridge, but she lets him go because she heard someone say the palace is on fire.
The card tells I am pushing something what cannot be pushed. The card of the Hanged Man itself tells that acceptence is needed. Lifecycles, entering a new stage. That is what I want to control, but cannot control.